The answer would be D I and II only
My work:
The only answer that has both statement I and statement II as true is D<span>, but if you have time and want to be absolutely thorough, you can also check to see if statement III is true </span>
Answer:
See below
Step-by-step explanation:
<u>Write the following expression in radical form
</u>
- (8x)¹/² =
<u>Write the following expression in exponential form.
</u>
- <u />
= 19¹/²
Answer:
The yield to maturity is 6.3974%
Step-by-step explanation:
The computation of the yield to maturity is as follows
Given that
NPER = 18 × 2 = 36
PMT = $1,035.25 × 6.50% ÷ 2 = $33.65
PV = $1,035.25
FV = $1,000
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
AFter applying the above formula, the yield to maturity is
= 3.1987% × 2
= 6.3974%
Hence, the yield to maturity is 6.3974%